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Cloud

Akamai boosts profitability but misses earnings forecasts and offers light guidance, sending stock lower

By Mike Wheatley Feb 13, 2024

Akamai Technologies Inc. posted mixed fourth-quarter results today, beating the Street’s forecasts on earnings but missing on revenue, with cloud computing and security growth offset by a decline in its legacy content delivery network…

Infra

OpenAI CEO Sam Altman and investor Lachy Groom lead $35M round for Meter

By Duncan Riley Feb 13, 2024

Meter Inc., a startup providing internet infrastructure to businesses, today said it has raised $35 million in new funding in a round led by OpenAI Chief Executive Sam Altman and early Stripe employee and…

Security

FoundationDB team’s new venture, Antithesis, raises $47M to enhance software testing

By Duncan Riley Feb 13, 2024

Software testing startup Antithesis Operations LLC today announced that it has raised $47 million in new funding to develop its software testing and debugging platform further and accelerate its go-to-market strategy. Founded in 2018…

Policy

EU finds iMessage, three Microsoft products don’t qualify as core platform services

By Maria Deutscher Feb 13, 2024

The European Union has exempted Apple Inc.’s iMessage service and three Microsoft Corp. products from certain regulatory requirements that apply to large online platforms. The European Commission, the EU’s executive branch, announced the move…

AI

What to expect during the Supercloud 6 ‘AI Innovators’ event: Join theCUBE March 12

By Cheryl Knight Feb 13, 2024

In an era brimming with massive artificial intelligence models, the key to success lies in the strategic utilization of curated, industry-specific data sets. These are the game-changers for businesses and consumer apps alike. We’re…

Infra

GlobalFoundries tops quarterly expectations amid lower chip shipments

By Maria Deutscher Feb 13, 2024

GlobalFoundries Inc. shipped fewer chips in the fourth quarter of 2023 than a year earlier, but it nonetheless managed to top both revenue and earnings expectations. The semiconductor maker reported its financial results for the…

Cloud

Akamai’s Gecko initiative deploys compute at the edge to create world’s most distributed cloud platform

By Mike Wheatley Feb 13, 2024

The developer-focused cloud computing firm Akamai Technologies Inc. has announced ambitious plans to embed a range of cloud computing services within its sprawling edge content delivery network. Announced today, Akamai’s Generalized Edge Compute or Gecko…

Cloud

Weak guidance weighs on Datadog’s stock after strong quarter

By Maria Deutscher Feb 13, 2024

Datadog Inc. this morning disclosed that it had an expectation-topping fourth quarter, but weak full-year guidance sent the company’s stock tumbling over 4%. New York-based Datadog sells more than a dozen cloud services focused mainly…

AI

Cohere for AI unveils Aya, a multilingual open-source AI with 101 languages

By Kyt Dotson Feb 13, 2024

Cohere for AI, the nonprofit research lab run by the artificial intelligence startup Cohere Inc., today introduced a “massively multilingual” open-source artificial intelligence large language model called Aya that can operate in 101 different languages. According…

Apps

Rethinking the business of software at ZohoDay 2024

By Jason English Feb 13, 2024

Enterprise software is a winner-take-all game, where also-rans are acquired or run out of business by a few dominant vendors that can lock in customers, demand their own price and grow at a disproportionate…

the latest

OpenAI CEO Sam Altman and investor Lachy Groom lead $35M round for Meter

FoundationDB team’s new venture, Antithesis, raises $47M to enhance software testing

EU finds iMessage, three Microsoft products don’t qualify as core platform services

What to expect during the Supercloud 6 ‘AI Innovators’ event: Join theCUBE March 12

GlobalFoundries tops quarterly expectations amid lower chip shipments

Weak guidance weighs on Datadog’s stock after strong quarter

Cohere for AI unveils Aya, a multilingual open-source AI with 101 languages

Rethinking the business of software at ZohoDay 2024

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